- Aguila American Gold (AGL) has closed its non-brokered private placement for gross proceeds of $750,000
- The company issued 3,750,000 units at a price of $0.20 per unit
- Proceeds will be used for exploration on the company’s copper and gold properties
- Aguila American Gold is an emerging copper and precious metal company
- Aguila American Gold Limited (AGL) opened trading at C$0.19 per share
Aguila American Gold (AGL) has closed its previously announced non-brokered private placement for gross proceeds of $750,000.
The company issued 3,750,000 units at a price of $0.20 per unit. Each unit consists of one common share and one-half of a share purchase warrant. Each whole purchase warrant entitles the holder to purchase a common share at a price of $0.30 for a period of three years.
Proceeds will be used for exploration on the company’s North American copper and gold properties, identifying and acquiring new exploration opportunities, and for working capital and general corporate purposes.
Mark Saxon, CEO of Aguila American Gold Limited commented on the financing.
“We appreciate the support of current and new shareholders to complete this financing. We are very active on our current portfolio and are working to secure additional copper projects in secure jurisdictions.”
Aguila American Gold is an emerging copper and precious metal company.
Aguila American Gold Limited (AGL) opened trading at C$0.19 per share.